Snap and WaveOptics Enter The Shrinking AR Smartglasses Race

J.C. Kuang, Analyst Augmented Reality, Augmented Reality Intelligence Service, Automotive Technology, Devices & Technology, Head-Mounted Displays, Head-Up Displays, Insight Articles, Semiconductors, Venture Capital, Private Equity, and M&A

Following the announcement of its new Spectacles AR development kit, Snap Inc. has announced its deal to acquire waveguide supplier WaveOptics. The deal is worth over $500 million, at least half of which is to be paid in stock. The partnership between the two companies signals a recommitment from Snap to develop and produce true AR smartglasses within the next … Read More

SightCall Round Shows Maturity in Enterprise AR Market

J.C. Kuang, Analyst Augmented Reality, Augmented Reality Intelligence Service, Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Interfaces, Software, Venture Capital, Private Equity, and M&A

Field Service applications continue to lead applications of augmented reality in scalability and ROI potential, as evidenced by a new round of funding for German AR startup SightCall. The company raised $42 million for its remote AR task guidance solution, which targets traditional applications such as vision picking and B2B/B2C service and maintenance. SightCall uses marker-based tracking and is compatible … Read More

Talespin Raises Series B to Accelerate Virtual Human Training Platform

J.C. Kuang, Analyst Augmented Reality, Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Software, Venture Capital, Private Equity, and M&A, Virtual Reality

Talespin Raises Series B to Accelerate Virtual Human Training Platform

Talespin, the Los Angeles, CA-based virtual and augmented reality studio, recently announced its latest funding round, raising $15 million in Series B venture capital. Participating investors include hardware giant HTC Corporation and Farmers Insurance Group, with whom the company had recently developed a VR training program for claims adjusters. But with the list of venture-backed companies rapidly increasing, how are … Read More

Quarterly Virtual & Augmented Reality Financial Health Report

Quarterly Virtual & Augmented Reality Financial Health Report This report provides a deep dive into the health of 24 publicly traded companies in the virtual reality and augmented reality products & technology markets. Release Date: February 2020 $3,000.00Add to cart This report provides a deep dive into the health of 24 publicly traded companies in the virtual and augmented reality … Read More

Spatial Raises $14 Million To Bring Immersive Collaboration To Enterprise

J.C. Kuang, Analyst Augmented Reality, Augmented Reality Intelligence Service, Devices & Technology, Enterprise Transformation, Enterprise xR Intelligence Service, Insight Articles, Venture Capital, Private Equity, and M&A

AR startup Spatial recently announced the closing of a Series A round totaling $14M in funding for the San Francisco-based startup. The round was led in part by familiar AR investor Kakao Ventures, which has previously invested in hardware startups such as LetinAR and Mojo Vision. Spatial markets its solutions as a computing platform unlocking creativity and productivity, and has … Read More

2019 Virtual Reality & Augmented Reality Funding Levels Off At $1.8B, Greenlight Insights Reports

Lindsey Wadle Press Releases, Venture Capital, Private Equity, and M&A

Virtual reality & augmented reality funding reached a total of $1.8B in 2019, leveling off from 2017’s record-setting high of $2.8B, according to Greenlight Insights, a market intelligence firm dedicated to virtual reality and augmented reality research and analytics. Across the last decade, virtual and augmented reality (xR) has grown from a blip on the radar of investors to a … Read More

In 2019, XR Venture Investment Edged Off Record Highs

Clifton Dawson Augmented Reality, Augmented Reality Intelligence Service, Insight Articles, Venture Capital, Private Equity, and M&A, Virtual Reality, Virtual Reality Intelligence Service

In 2019, XR venture investment edged off record highs

Across the last decade, virtual and augmented reality (xR) has grown from a blip on the radar of investors to a robust sector receiving $10.4 billion in venture dollars invested since 2014. In 2019, 202 xR startups raised $1.8B. Though a new xR company entered the public markets in 2019, exits were a somewhat mixed bag, with M&A slightly above … Read More